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Wanma Technology Co Ltd

Wanma Technology Co., Ltd. is a Chinese company engaged in the research, development, production, system integration, and sales of communication and information equipment. Its telecommunications products include data centers, cabinets and racks, power cabinets, and optical communication components such as fibers, modules, and accessories. These products are used in IDC computer rooms, cloud platforms, communication networks, high-speed rail, and rail transit. The company also offers medical information products, including hospital IT systems, medical software, mobile medical workstations, and various management cabinets and systems. Founded in 1997, Wanma Technology is headquartered in Hangzhou, China.

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Wanma Technology grants 400,000 restricted shares to 9 incentive recipients at 18.09 yuan per share

Wanma Technology announced that it has set September 29, 2026 as the reserved grant date, granting 400,000 restricted shares to 9 reserved incentive recipients at a grant price of 18.09 yuan per share. In the first half of 2026, Wanma Technology achieved revenue of 409 million yuan and net profit attributable to the parent of 17.52 million yuan.
Wanma Technolo… ▲
300698.CS · Capital · Positive Wanma Technology granted 400,000 restricted shares to 9 incentive recipients at 18.09 yuan per share, an equity-incentive/financing event.
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Wanma Technology Releases 2026 Interim Report with Net Profit of 17.5175 Million Yuan

Wanma Technology released its 2026 interim report on August 24, 2026. The company's total operating revenue was 409 million yuan, net profit attributable to the parent company was 17.5175 million yuan, and net cash inflow from operating activities was 67.2636 million yuan. The company's latest asset-liability ratio was 55.54%, up 2.43 percentage points from the previous quarter and up 0.65 percentage points from the same period last year. The latest gross margin was 26.33%, down 1.48 percentage points from the previous quarter and down 5.06 percentage points from the same period last year. The latest return on equity was 3.18%, down 0.12 percentage points from the same period last year. Diluted earnings per share were 0.13 yuan, the latest total asset turnover was 0.34 times, and the latest inventory turnover was 4.62 times. The company had 18,900 shareholders, and the top ten shareholders held 72.8775 million shares, accounting for 54.39% of the total share capital.
Wanma Technolo…
300698.CS · Capital · Neutral Interim report shows net profit of 17.5M yuan, but margins and ROE declined, mixed signals.
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Wanma Technology shareholder Yan Nan's 100,000 shares to be auctioned by court

Wanma Technology Co., Ltd. announced that 100,000 shares held by shareholder Yan Nan, representing 0.07% of the company's total share capital, will be publicly auctioned on the Taobao judicial auction platform by the Lin'an District People's Court of Hangzhou, Zhejiang Province, from 10 a.m. on September 15, 2026, to 10 a.m. on September 16, 2026. These shares are restricted shares from his departure and are pledged. As of the announcement date, Yan Nan holds 2.4 million shares, representing 1.79% of the company's total share capital, and all of his shares have been judicially re-frozen and pledged, totaling 2.4 million shares, or 100% of his holdings. Of these, 2.3 million shares have completed judicial auction but have not yet been transferred, and 100,000 shares are in the auction process described in this announcement. Yan Nan has previously completed the transfer of 4.3 million shares. Yan Nan is not a controlling shareholder, actual controller, or a shareholder holding more than 5% of the company, nor does he hold any position in the company. This auction will not lead to a change in company control. The company stated that the auction is still in the announcement stage, and final completion remains uncertain.
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300698.CS · Capital · Negative Shareholder's shares being auctioned due to pledge and judicial freeze may signal financial distress, potentially affecting stock sentiment.
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Wanma Technology shareholder Yan Nan's 500,000 shares to face second judicial auction

Wanma Technology shareholder Yan Nan's 500,000 shares will undergo a second online judicial auction from August 11 to 12, 2026, after the first auction failed to attract bidders. These shares account for 20.83% of Yan Nan's personal holdings and 0.37% of the company's total share capital. As of the announcement date, a cumulative total of 2.3 million shares held by Yan Nan have been subject to judicial auction, representing 95.83% of his holdings and 1.72% of the company's total share capital. Among these, 1.2 million shares and 600,000 shares completed bidding on June 16 and July 7 respectively but have not yet been transferred. Yan Nan currently holds 2.4 million shares in the company, all of which are under judicial re-freeze and pledge. However, this auction will not lead to a change in company control. Wanma Technology reported revenue of 167 million yuan and net profit attributable to the parent company of 6.06 million yuan for the first quarter of 2026.
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300698.CS · Capital · Negative Shareholder Yan Nan's shares face second judicial auction after first failed, indicating financial distress and potential overhang.
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